QAspire

JANUARY 22, 2018

The term ‘cognitive bias’ was coined by Amos Tversky and Daniel Kahneman in 1972 which quite simply means “our tendency to filter information, process facts and arrive at judgments based on our past experiences, likes/dislikes and automatic influences.”. Embrace Diversity. What is Unconscious Bias. This starts with hiring decisions.

Tversky 195

Tversky Senge Kahneman Workshop 195

Harvard Business Review

JUNE 8, 2012

Daniel Kahneman , a renowned psychologist who won the Nobel Prize in economics, developed this concept in the 1970s along with his collaborator, Amos Tversky. For a market to be efficient, where price is an unbiased estimate of value, investors must be cognitively diverse. This is how the wisdom of crowds becomes the madness of crowds.

Beyer 14

Beyer Tversky Price Kahneman 14

Harvard Business Review

JUNE 8, 2012

Daniel Kahneman , a renowned psychologist who won the Nobel Prize in economics, developed this concept in the 1970s along with his collaborator, Amos Tversky. For a market to be efficient, where price is an unbiased estimate of value, investors must be cognitively diverse. This is how the wisdom of crowds becomes the madness of crowds.

Beyer 10

Beyer Tversky Price Kahneman 10